NIP Group Expands Bitcoin Mining With 247 Million-Share Deal
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Esports company NIP Group is exchanging 247 million shares for additional Bitcoin mining machines as it expands its mining operations.
NIP Group is expanding its Bitcoin mining operations through a deal that exchanges 247 million shares for more mining machines, according to Decrypt.
The esports company said mining has justified its role in the business. The share-based transaction signals a further commitment to the activity alongside its esports operations.
The additional equipment is intended to expand NIP Group’s mining capacity. The supplied report did not specify the machines’ number, their computing power or when they would begin operating.
Source: Decrypt
